19
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$1,970,000
Est. payment /mo
1,875.57 Acres Lot
Active
97240 E 96th Avenue Fort Morgan, CO 80701
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Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Rural
MLS Listing ID 9601415
HOA Y/N No
Annual Tax Amount $4,507
Tax Year 2024
Lot Size 1875.570 Acres
Acres 1875.57
Property Sub-Type Improved Land
Source recolorado
Property Description
CRP INCOME: Property is enrolled in the Conservation Reserve Program expiring 9/30/2030. Owner is receiving $20,306.00 annual cash rent however it could be withdrawn for farming or grazing by paying a penalty of approximately $29,000.00.
PASTURE INCOME Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing cosh lease rent of $I3.00 per ocre on 295 ocres ond hunling cosh leose renl of $5.00 per ocre on 1,894 ocres.
WIND RENT: The Property is leased to NextEra Energy thru 9/21/30 for the potential of commercial wind towers at an annual lease payment year 1-5 is $3.00/acre or $5,760 and years 6-8 is $5.00/acre or $9,600.00 per year. If developed, potentially one tower per 160+/- acres paying $15,000 per year. Development of the project would allow for the CRP program, farming or grazing to continue.
WATER: Stock well 289177 located in the NW4SW4 of section 22 drilled in August of 2014 is 40 feet deep and producing good stock water. Domestioc /stock well 335857 in NE4NE4 of Section 22 drilled September of 2024 is 40 feet deep test pumped 10 gpm.
MINERALS: Property includes 100% minerals on section 22 pending on offer.
TAXES: 2025 taxes are $4,507 or $2.40 per acre.
NOTE: The information contained herein is reliable but not guaranteed by Seller or Broker. This offer is Subject to error, prior sale or withdrawal. Broker is a Transaction (neutral) Broker.
PASTURE INCOME Pasture & Hunting Lease Rent: Annuol cosh leose rent of S13,305.00 consisting of grozing cosh lease rent of $I3.00 per ocre on 295 ocres ond hunling cosh leose renl of $5.00 per ocre on 1,894 ocres.
WIND RENT: The Property is leased to NextEra Energy thru 9/21/30 for the potential of commercial wind towers at an annual lease payment year 1-5 is $3.00/acre or $5,760 and years 6-8 is $5.00/acre or $9,600.00 per year. If developed, potentially one tower per 160+/- acres paying $15,000 per year. Development of the project would allow for the CRP program, farming or grazing to continue.
WATER: Stock well 289177 located in the NW4SW4 of section 22 drilled in August of 2014 is 40 feet deep and producing good stock water. Domestioc /stock well 335857 in NE4NE4 of Section 22 drilled September of 2024 is 40 feet deep test pumped 10 gpm.
MINERALS: Property includes 100% minerals on section 22 pending on offer.
TAXES: 2025 taxes are $4,507 or $2.40 per acre.
NOTE: The information contained herein is reliable but not guaranteed by Seller or Broker. This offer is Subject to error, prior sale or withdrawal. Broker is a Transaction (neutral) Broker.
Location
State CO
County Adams
Zoning A3
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Meadow, Rolling Slope, Subdividable, Suitable For Grazing, Wetlands
Sewer Septic Tank
Water Private, Well
Schools
School District Woodlin R-104
Others
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Colorado Land Realty
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